The Conversation (0)
The Company will host an Investor Call with Managing Director Tim Harrison at 11:30am AEST on Tuesday 26th September 2023 to discuss the recent progress across the Makuutu Heavy Rare Earth Project and Ionic Technologies, and engagement with the new economy supply chain.
Register for the shareholder webinar at the link below:
https://www.abnnewswire.net/lnk/E6DD5515
Investors are invited to submit questions prior to the webinar to investors@ionicre.com
About Ionic Rare Earths Limited:
Ionic Rare Earths Limited (ASX:IXR) (OTCMKTS:IXRRF) is focused on developing its flagship Makuutu Rare Earths Project in Uganda into a significant long life, low-cost, supplier of high-value critical and heavy rare earths.
Makuutu is an advanced-stage, ionic adsorption clay-hosted project highlighted by near-surface mineralisation, significant exploration upside, excellent metallurgical characteristics and access to tier-one infrastructure.
The ionic adsorption clay-hosted geology at Makuutu is similar to major rare earths projects in Southern China, which are responsible for the majority of global supply of low cost heavy and critical rare earths, specifically the high value magnet metals (Dysprosium and Terbium) Heavy Rare Earths (>98% originating from ionic clays). Metallurgical testing at Makuutu has returned excellent recovery rates, which provide multiple avenues for a simple process route.
Makuutu is well-supported by tier-one existing infrastructure which includes access to major highways, roads, power, water and a professional workforce.
Rare Earths will play a critical role in the future of clean energy. Rare Earths are a key ingredient in the permanent magnets found in wind turbines and electric vehicles.
IonicRE is led by an experienced and proven team, who have the capabilities to deliver Makuutu into production and realise value for all stakeholders.
Source:
Ionic Rare Earths Limited
Contact:
For Australian Media
Nigel Kassulke
Teneo
E: Nigel.Kassulke@Teneo.com
T: +61 (0) 407 904 874
For Investor Relations
Peter Taylor
NWR Communications
E: peter@nwrcommunications.com.au
T: +61 (0) 412 036 231
For UK Media
Tim Blythe
BlytheRay
E: Tim.Blythe@BlytheRay.com
T: + (0) 20 7138 3553
For NI Media
Katie Doran
Lanyon Group
E: Katie.Doran@LanyonGroup.com
T: +44 (0) 28 9018 3242
Figure 1: Map location of Salambidwe Project
Figure 2: Geochemical Sampling Program within Salambidwe Prospect (now completed)
Figure 3: Malawi's Minister of Mining, Hon. Ms Monica Chang’anamuno (centre) at the launch of DY6’s airborne survey for Salambidwe on 29 November 2023
Figure 1. MEL 2007-45 Location Map, showing the geology of the Grønnedal nepheline syenite with ferrocarbonatite plugs (Target Area)